MaNor
ActiveMaNor has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151k and a net result of €199k. Its solvency ranks better than 55% of 13936 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+94
Solvency61▲+45
Growth78
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 3.43 against 1.24 in 2024; short-term debt: 29.1% and cash: 96.6% of total assets), but 64.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
35.6%
Return on assets
46.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
14 d early
2024
9 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€151k
2024 · €-48k
2024: €-48k
2024 → 2025
Total assets
€425k▼ 20.9%
2024 · €537k
2024: €537k
2024 → 2025
Net result
€199k
2024 · €-53k
2024: €-53k
2024 → 2025
Working capital
€301k▲ 194%
2024 · €102k
2024: €102k
2024 → 2025
Multi-year overview
Available amounts per fiscal year
Line20242025Trend
Equity€-48k-€151k
Operating result€-29k-€257k
Net result€-53k-€199k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €257k after a loss of €29k in 2024.
Balance-sheet composition
Equity and liabilities €425k
Equity
€151k
Debt
€274k
Debt finances 64.4% of the balance-sheet total.
Key figures and ratios
Solvency
35.6%▲
2024 · -8.9%
Current ratio
3.43▲
2024 · 1.24
Quick ratio
3.43▲
2024 · 0.09
Debt / equity
1.81▲
2024 · -12.25
ROE
131.6%
ROA
46.8%▲
2024 · -9.8%
Debt
€274k▼
2024 · €585k
Debt ≤ 1 year
€124k▼
2024 · €435k
Debt > 1 year
€150k=
2024 · €150k
Income taxes
€42k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€537k€425k▼
Current assets29/58€537k€425k▼
Stocks and contracts in progress3€496k-
Stocks30/36€496k-
Amounts receivable within one year40/41€30k€14▼
Trade receivables40€346€14▼
Other amounts receivable41€30k-
Cash at bank and in hand54/58€10k€410k▲
Deferred charges and accrued income490/1€825€15k▲
Equity and liabilities
Total equity and liabilities10/49€537k€425k▼
Equity10/15€-48k€151k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-53k€146k▲
Amounts payable17/49€585k€274k▼
Amounts payable after more than one year17€150k€150k=
Financial debts170/4€150k€150k=
Amounts payable within one year42/48€435k€124k▼
Current portion of amounts payable after more than one year42€430k-
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Taxes, remuneration and social security45-€42k
Taxes450/3-€42k
Other amounts payable47/48€2k€78k▲
Income statement
Code20242025
Non-recurring operating income76A€44€17k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€880-
Other operating charges640/8€3k€8k▲
Non-recurring operating charges66A€7k-
Gross operating margin9900€-18k€265k▲
Operating profit (loss)9901€-29k€257k▲
Financial income75/76B-€7
Recurring financial income75-€7
Financial charges65/66B€24k€16k▼
Recurring financial charges65€24k€16k▼
Profit (loss) for the period before taxes9903€-53k€241k▲
Income taxes67/77-€42k
Profit (loss) for the period9904€-53k€199k▲
Profit (loss) for the period to be appropriated9905€-53k€199k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€146k▲
Profit (loss) brought forward from the previous period14P-€-53k
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €199k
Net result €199k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 3.43
Current ratio from 1.24 to 3.43; short-term debt falls from €435k to €124k.
31-12
Financial
Equity above €150kEq €151k
Equity rises from €-48k to €151k.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Wallons 114000 LiègeGround area
152 m²
Building footprint
54 m²
Volume, LiDAR
610 m³
Parcel 62804D0424/00P010, Wallonia · tallest building 13.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MaNor
since 20232.349.197.270
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62804D0424/00P010 | Wallonia | 152 m² | 1 · 54 m² | 13.4 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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NILA
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Scherpenheuvel-Zichem · Eq €151k
Of 7,321 companies in sector 68110 we hold annual accounts for 5,380. 3,810 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-2023
Fiscal year end31-12
Activities, NACEBEL
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.